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Crypto Miner DMG Blockchain Purchases 1,800 Next-Generation Bitmain Miners

The machines, to be delivered starting next July, will generate an additional 252 PH/s.

asics, bitcoin mining, miners (Shuttestock)
asics, bitcoin mining, miners (Shuttestock)

Canadian mining firm DMG Blockchain Solutions has purchased 1,800 Bitmain Antminer S19 XPs, the next-generation mining machine from Bitmain.

  • The machines, to be delivered starting next July, will generate an additional 252 PH/s. DMG announced Tuesday.
  • The new machines will bring DMG’s total to just over 1 Eh/s, including its existing Bitmain S19 orders.
  • The Vancouver-based company, which trades on the Toronto Venture Stock Exchange (TSX-V), will also grant nearly 3 million stock options to its directors and employees, exercisable for a period of three years at $1.20 per share.

Read more: Bitmain Appoints New Legal Representative and General Manager

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Jamie Crawley

Jamie has been part of CoinDesk's news team since February 2021, focusing on breaking news, Bitcoin tech and protocols and crypto VC. He holds BTC, ETH and DOGE.

Jamie Crawley